Weir Group PLC (LON:WEIR) Investors: Citigroup Reaffirms “Buy” Rating, Sees GBX 2570.00/Share; Autoliv (ALV)’s Sentiment Is 1.42

February 19, 2018 - By Jerrie Dane

They currently have a GBX 2570.00 target on Weir Group PLC (LON:WEIR). Citigroup’s target would suggest a potential upside of 13.04% from the company’s previous close. This was revealed in analysts note on Monday morning.

Autoliv, Inc., through its subsidiaries, develops, makes, and supplies automotive safety systems to the automotive industry worldwide. The company has market cap of $12.68 billion. It operates through two divisions, Passive Safety and Electronics. It has a 29.94 P/E ratio. The firm offers a range of products, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems, child seats, and components; and camera vision systems, night driving assists, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems, as well as passive safety electronic products, such as restraint electronics and crash sensors.

Ratings analysis reveals 43% of Autoliv’s analysts are positive. Out of 7 Wall Street analysts rating Autoliv, 3 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $94.0 while the high is $112.0. The stock’s average target of $101.75 is -30.22% below today’s ($145.81) share price. ALV was included in 7 notes of analysts from October 28, 2016. Jefferies initiated Autoliv, Inc. (NYSE:ALV) on Tuesday, November 29 with “Buy” rating. Wells Fargo upgraded the stock to “Outperform” rating in Wednesday, April 5 report. CLSA initiated Autoliv, Inc. (NYSE:ALV) on Tuesday, January 3 with “Sell” rating. On Thursday, February 9 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. On Friday, October 28 the stock rating was downgraded by Robert W. Baird to “Neutral”. The stock has “Underperform” rating by RBC Capital Markets on Friday, February 3. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, November 23 report.

Alecta Pensionsforsakring Omsesidigt holds 8.97% of its portfolio in Autoliv, Inc. for 8.46 million shares. Beddow Capital Management Inc owns 71,461 shares or 3.42% of their US portfolio. Moreover, Murphy Pohlad Asset Management Llc has 1.57% invested in the company for 18,285 shares. The Norway-based Folketrygdfondet has invested 1.52% in the stock. Dynamic Capital Management Ltd, a United Kingdom-based fund reported 34,918 shares.

The stock decreased 0.44% or $0.64 during the last trading session, reaching $145.81. About 547,205 shares traded or 0.03% up from the average. Autoliv, Inc. (ALV) has declined 12.54% since February 19, 2017 and is downtrending. It has underperformed by 29.24% the S&P500.

The stock increased 1.17% or GBX 24 during the last trading session, reaching GBX 2084. About 98,380 shares traded. The Weir Group PLC (LON:WEIR) has 0.00% since February 19, 2017 and is . It has underperformed by 16.70% the S&P500.

The Weir Group PLC designs, manufactures, and sells highly-engineered services and products worldwide. The company has market cap of 4.67 billion GBP. The firm operates in three divisions: Minerals, Oil & Gas, and Flow Control. It has a 67.44 P/E ratio. The Minerals segment engineers pumps, valves, cyclones, crushers, high pressure grinding rolls, rubber, and other solutions; and provides slurry handling equipment and associated aftermarket support services for mining, sand and aggregates, and oil sands markets.